So far the third party has yet to expose themselves or emerge as substantial shareholders . They could be the consortium making up of a no.of shareholders.
they have to push down... thats why they are consolidating and sell down with another account maybe. push down so that can siphon the asset out.. without ppl noticing.. if share price 0.05.. who will surprise if his cash are gone. haha.
Dino Ng is embroiled with legal case. He doesnt want the M Group to capitalise on his legal case. Thats why he has relinquished his directorship and ceased to be a substantial shareholder.
Dino was selling high previously but he can buy back low any time. As said, he will let the 3rd party continue with the struggle cos he has already been incriminated in the eyes of the Public ( pending judgement )
no use. Dino want buy at low. Mafia dont want release stock. he also cannot. now shark not so noob. what you tell is.. the mafia is basically a dumb player. see now, its almost close to the bottom. they also don't dare move to bottom too fast. room to play become so small.
Dino has offloaded his share to an unknown 3rd party. He wouldn't let M Group obtain the cheap sale. Thats why the block was there to facilitate Dino to offload his shares to avoid downfalls. On this basis, the resilient level is already determined
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nicholas99
9,820 posts
Posted by nicholas99 > 2023-03-28 09:47 | Report Abuse
they just know goreng stock only. its proven. see gpacket. living example.